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Technology Stocks : Compaq
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To: Andrew who wrote (36662)11/16/1998 3:00:00 PM
From: PCSS  Read Replies (2) of 97611
 
Andrew,

I blieve there is a good chance that CPQ will have a decent uptick run by the end of today. Lots of good news already and EP making his COMDEX speech sometime soon.

The NASDAQ is down but a good portion probably has to do with the weakness of DELL (now down 2 1/8 and dropping).

To our benefit the DOW seems to be holding up well after a slight mid-day trough. The gambles that are being made are directly related to tomorrow's FOMC meeting and the possible (or not0 rate cut. I think it will be dropped ... today's manuf. #s support the need to some continued downward movement.

Too, CPQ seems to be doing all the correct things.

But then again, this is just my opinion.

Michael
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